Core Viewpoint - The article discusses the recent transfer of ownership of Changcheng Huaxi Bank from Changcheng Asset Management to Sichuan Bank, highlighting the ongoing trend of national Asset Management Companies (AMCs) divesting from banking assets [1][2][4]. Group 1: Ownership Transfer Details - Sichuan Bank has acquired 9.4259 billion shares of Changcheng Huaxi Bank, resulting in a 40.92% ownership stake [6]. - The previous controlling shareholder, Changcheng Asset Management, has completely exited its stake after over ten years of holding [6]. - The transaction was valued at 4.332 billion yuan, with the book value of Changcheng Huaxi Bank's total assets at 148.29 billion yuan and net assets at 10.064 billion yuan [6]. Group 2: Financial Metrics - As of the end of Q1 2023, Sichuan Bank reported total assets of 456.711 billion yuan and total liabilities of 419.824 billion yuan, with a revenue of 2.131 billion yuan and a net profit of 646 million yuan [3][7]. - Changcheng Huaxi Bank's total assets were reported at 156.261 billion yuan and total liabilities at 145.937 billion yuan, with total equity of 10.324 billion yuan [8]. - The capital adequacy ratio for Changcheng Huaxi Bank was 15.22%, with core tier one capital amounting to 10.324 billion yuan [9]. Group 3: AMC Divestment Trend - Following the exit of Changcheng Asset Management from Changcheng Huaxi Bank, only two banks remain under the control of national AMCs: Dalian Bank and Nanyang Commercial Bank [4][12]. - AMCs have been accelerating their exit from non-core banking subsidiaries, as evidenced by previous divestitures, including the transfer of Jilin Bank and Hunan Bank [12]. - Regulatory guidance has been issued to encourage AMCs to focus on their primary responsibilities and avoid unnecessary expansion into banking [14][15].